What will you do? This is a centralised role which supports management in the execution of their responsibilities around Anti-Money Laundering, Counter Terrorist Financing, Counter Proliferation Financing and Sanctions (collectively referred to as "AML"), which includes the Sanlam Group AML standards.What will make you successful in this role? Assist in developing and implementing the AML strategy for SLS & SFT.AML subject matter expert, providing guidance and support to businesses relating to AML legislation and regulations and developments.Ensure all AML gaps (highlighted by assurance providers and/or regulators) are remediated within specific timelines.Ensure consistent application of the Sanlam Group AML standards.Collaborate with the Sanlam Group Legal, Compliance and Financial Crime Office on AML issues.Oversee support to businesses on maintenance and execution of the various Risk Management and Compliance Programmes (RMCPs).Oversee the effectiveness tasting and enhancements of automated transaction monitoring systems, where applicable in SLS & SFT.Maintaining strategic relationships with key stakeholders within SLS & SFT and regulators.Responsible for leadership of a team of AML specialists.Promote continuous learning of AML best practices and methodologies with internal stakeholders.Identify opportunities for process enhancements and controls for AML and sanctions related prevention and detection.Qualification and ExperienceA legal or commercial degree.The professional designation AMLCPrac or ACAMS would be advantageous.5-10 years financial services experience, of which at least 3 years must have been in a management role.Knowledge and SkillsA thorough understanding and knowledge of the financial services industry, especially insurance and/or asset management and/or banking.A thorough understanding and knowledge of industry best practices around AML risk-based approaches, AML processes and screening solutions.A thorough understanding and knowledge of the core AML legislative and regulatory requirements and standards impacting on the various businesses, e.g. Financial Intelligence Centre Act, FATF Standards.Technical professional skills.Report writing skills.Good communication and presentation skills.Strategic thinking.Analytical thinking.The ability to manage people and processes effectively.Thorough and detail minded.Ethical and principled.Motivating and inspiring teams.Core CompetenciesCultivates innovation - Contributing through others.Customer focus - Contributing through others.Drives results - Contributing through others.Collaborates - Contributing through others.Being resilient - Contributing through others.Turnaround time The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.
Our commitment to transformation The Sanlam Group is committed to achieving transformation and embraces diversity. This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are key components to ensuring a thriving and sustainable business in South Africa. The Group's Employment Equity plan and targets will be considered as part of the selection process.
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